PL Options History — January 2022

In January 2022, PL traded between $5.23 and $6.74. ATM implied volatility averaged 115.2%, placing in the 70.9% IV rank vs the trailing year. The 30-day expected move averaged 33.3%. IV traded below realized volatility by 245.5% (HV 20d: 360.8%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.60.

Notable Days

  • 2022-01-12: Highest Volume — 33,037 contracts
  • 2022-01-12: Largest IV spike — 23.5% change
  • 2022-01-24: Highest IV Rank — 80.5%
  • 2022-01-24: Largest Expected Move — 37.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.80$5.23$6.74$6.01$6.07
Max Pain$5.38$5.00$7.50$7.50$5.00
ATM IV115.2%95.8%130.9%116.5%122.2%
Expected Move33.3%27.8%37.5%33.4%35.0%
HV 20d360.8%108.0%817.5%817.5%116.2%
HV 60d475.2%473.0%477.7%473.1%477.7%
IV Rank70.9%58.9%80.5%71.7%75.2%
IV Percentile95.3%92.1%98.4%96.4%94.8%
Term Structure-5.6%-20.5%9.8%-14.1%-0.1%
VWIV122.3%109.5%135.0%123.2%125.2%
Skew 25d-14.7%-26.9%10.2%-11.7%-2.7%
Skew 10d-34.9%-70.7%39.4%-27.5%-18.4%
Call IV 25d128.4%117.4%140.3%126.2%129.3%
Put IV 25d113.7%90.9%150.0%114.5%126.6%
Bid-Ask Spread %19.887.5734.529.8517.28
Gamma HHI0.300.250.450.290.30
Net GEX40.7K18.3K119.1K54.9K40.5K
Net DEX-1.9M-5.0M604.4K-2.2M-3.2M
Net VEX-38.5K-47.5K-31.1K-39.5K-39.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.092.250.650.49
Total Volume5,985.852,19233,0373,3683,664
Total OI53,723.641,64766,45050,99143,897

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$6.01$7.50116.5%33.4%817.5%71.7%123.2%-11.7%-14.1%54.9K-2.2M-39.5K0.659.85N/AN/A2,0381,33034,99715,994
2022-01-04$5.62$7.5097.0%27.8%816.5%59.6%109.5%-21.9%9.8%40.4K-854.8K-35.3K0.5614.73N/AN/A2,2531,26235,79815,661
2022-01-05$5.30$7.50104.5%30.0%815.6%64.2%112.2%-12.0%-1.1%27.5K173.0K-32.7K0.207.57N/AN/A2,96658836,14916,036
2022-01-06$5.26$5.0095.8%30.4%815.4%58.9%110.2%-24.3%-3.3%28.0K8.8K-32.5K0.5017.14N/AN/A1,91295536,89016,169
2022-01-07$5.39$5.00100.7%31.6%816.0%61.9%117.6%-22.6%-7.6%29.7K-58.9K-33.3K0.3530.42N/AN/A1,76661137,01216,625
2022-01-10$5.23$5.0099.1%28.4%815.4%60.9%117.7%-26.5%4.3%20.0K604.4K-31.1K0.4810.34N/AN/A1,53273237,56116,675
2022-01-11$5.63$5.00101.8%29.7%817.4%62.6%110.6%-21.9%0.1%41.5K-890.6K-35.7K0.1234.52N/AN/A2,37629238,49017,237
2022-01-12$6.29$5.00125.7%36.0%108.0%77.3%128.4%-26.4%-11.3%85.6K-4.0M-41.4K0.0925.97N/AN/A30,2532,78439,21317,256
2022-01-13$5.55$5.00113.0%32.4%114.3%69.5%128.7%-26.9%-6.0%28.5K-1.1M-35.9K0.2922.27N/AN/A8,1562,35545,33318,188
2022-01-14$6.44$5.00129.0%37.0%127.3%79.4%128.4%-12.9%-16.5%119.1K-5.0M-46.4K0.2727.05N/AN/A6,7981,86145,94318,963
2022-01-18$6.31$5.00126.2%36.2%125.5%77.6%126.4%-15.9%-12.9%49.6K-3.8M-43.7K0.4525.18N/AN/A3,4721,56847,10219,348
2022-01-19$6.49$5.00121.3%34.8%125.2%74.6%120.6%-13.9%-10.3%50.8K-3.8M-45.1K0.3326.07N/AN/A3,8891,28946,44019,906
2022-01-20$6.74$5.00126.2%36.2%116.5%77.7%125.4%-9.9%-7.8%55.5K-4.5M-47.5K0.1828.84N/AN/A9,3981,72546,00819,859
2022-01-21$6.05$5.00116.7%33.5%119.9%71.8%126.3%-13.7%-0.4%33.6K-2.1M-42.0K0.7916.79N/AN/A3,1202,47243,54519,615
2022-01-24$5.89$5.00130.9%37.5%111.1%80.5%125.9%1.5%-20.5%25.7K-2.4M-40.4K0.3815.08N/AN/A3,5751,35425,54516,102
2022-01-25$5.37$5.00126.7%36.3%109.4%77.9%132.7%10.2%-11.0%18.3K-1.4M-37.7K2.2513.75N/AN/A1,1422,56426,02816,221
2022-01-26$5.49$5.00120.5%34.5%109.3%74.1%135.0%-17.5%-4.9%21.5K-1.7M-37.4K0.8015.80N/AN/A1,5601,24326,33416,173
2022-01-27$5.39$5.00116.3%33.3%109.2%71.5%125.1%-18.6%2.2%21.2K-1.4M-36.2K1.4623.99N/AN/A1,0851,58526,79116,229
2022-01-28$5.45$5.00114.7%32.9%109.1%70.5%117.2%-6.7%0.1%22.1K-1.4M-35.8K1.3315.03N/AN/A9391,25327,14615,993
2022-01-31$6.07$5.00122.2%35.0%116.2%75.2%125.2%-2.7%-0.1%40.5K-3.2M-39.5K0.4917.28N/AN/A2,4631,20127,46616,431